Post Profile

A collapse can happen at any time due to the scale, density and inherent instability of the financial system. The immediate cause of such a sudden loss of confidence is unknowable.
The post Two Ways to Collapse was originally published at The Wall Street Examiner. Follow the money!read more

At MoneyWatch: Low-income loans didn't cause the financial crisis, by Mark Thoma: What caused the housing bubble and collapse of the financial system? Many fingers have pointed to a lack of regulation, financial innovation that didn...

By the SRSrocco Report,
The global economic and financial system is in much worse shape than I originally thought. New data and information suggest that the collapse will occur much quicker and with more dire results. This will caus...

Instability in Europe's banking system could very well affect many of our own financial institutions. Rising unemployment could cause political instability, a disruption in the flow of goods and yet another reunion of The Spice Girl...

Submitted by Charles Hugh Smith from Of Two Minds
The Coming Global Instability, Part I
The root causes of global financial instability cannot be wished away or "solved" with modest policy tweaks: they are systemic.
Systemic financi...